Identification/Background checks

With more people than ever now using the internet, the threshold for identity fraud has increased dramatically.

As companies try to meet the requirements for two-factor authentication, KYC Portal has a solution aimed at doing just that.

Israeli CyberTech startup devOcean has emerged from a period of stealth with a cloud-native security operations platform and $6m in seed funding.

Cloud-based payments provider Checkout.com is set to snap up digital identify verification startup ubble for an undisclosed fee.

Dublin-based identity verification platform ID-Pal has formally launched its service in the UK market.

Mobile operators will generate $27bn from SMS messages related to multi-factor authentication in 2022, an increase from $25bn in 2021, according to a study from Juniper Research.

With the pandemic leading to a great migration online for many who previously wouldn’t have considered it, an opportunity has provided itself to RegTech companies in key markets to make the most of the new normal.

Early Warning Services, has launched Verify Identity, a synthetic identity fraud detection solution for qualifying financial services organisations, mobile network providers, corporations and government entities.

Sabanci, an industrial and financial juggernaut, has entered into an agreement to snap up a majority stake in OT CyberTech Radiflow in a $45m deal.

Fleet, an endpoint visibility technology vendor, has pulled in $20m from a Series A funding round led by venture capital firm CRV.